PancakeSwap Announces Airdrop of 2.45 Million zkSync Tokens as Community Reward
Participants are now able to take advantage of a new community reward program from leading multichain decentralized exchange PancakeSwap, which started July 5 at 10:30 a.m. UTC.
The program will distribute 2,452,128 zkSync (ZK) tokens to community members over one month, ending on August 5.
The airdrop was designed to show appreciation for the community’s support of PancakeSwap’s zkSync deployment since July 2023.
The airdrop’s launch is difficult to ignore, given its timing alongside allegations against zkSync’s developer, Matter Labs.
PancakeSwap’s airdrop comes after the platform surpassed $3 billion in trading volume, $5 million in total value locked (TVL), and attracted over 1.9 million traders.
PANCAKESWAP TO AIRDROP 2.4 MILLION ZKSYNC (ZK) TOKENS: KEY DETAILS
– @PancakeSwap is set to reward its loyal community with an airdrop of 2,452,128 zkSync (ZK) tokens.
– This initiative reportedly recognizes ongoing and continued support since the deployment of zkSync… https://t.co/iqWoooUe3u pic.twitter.com/VKxyLI83eu
— BSCN (@BSCNews) July 5, 2024
The airdrop rewards PancakeSwap’s users and was intended to increase platform engagement, but its timing has drawn attention due to the ongoing controversy surrounding zkSync.
Zksync-internal cheat
In September, I discovered this issue and have been tracking it ever since.
I have published all the data I have gathered on GitHub and Mirror. The data includes on-chain hash values, addresses, ZKSync team members, and their actions to seek profits using…
— soEasy (@Easy17182589) June 18, 2024
Matter Labs recently faced accusations of “insider minting” related to its Libertas Omnibus NFTs. Blockchain research firm SoEasy on June 17 suggested improper distribution of NFTs to ineligible insiders.
How
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